Monday, February 26, 2018

27 February 2018: Can China Innovate?

Krishna G Palepu
Harvard University, USA

Chair:
Mr. Shivshankar Menon, Former National Security Advisor to the Prime Minister of India

Abstract:
In 2006, the Chinese government declared its intention to transform China into “an innovative society” by 2020 and a world leader in science and technology by 2050. With its Made in China 2025 strategy, China is preparing to graduate from becoming the factory of the world to becoming to a “manufacturing superpower” by 2049. 

The ambitious industrial plan has the potential to move Chinese industry up the value and technology ladder and modernize its older production facilities to become a centre of smart manufacturing. The strategy is backed by immense funding and there is huge enthusiasm among local governments for promoting industries such as robotics, big data, and electric vehicles. China's advances in technology have been supplemented by the emergence of large tech firms such as Tencent, Alibaba and Baidu. A combination of the world’s largest consumer base and strong government support are helping push this new wave of innovation and entrepreneurship. 
 
Ambitious Chinese startups have been expanding, even across borders, with increasing success. The session will focus on the transition that China is trying to make from a heavy industry-dependent, export led economy to an innovation and domestic consumption-oriented economy. Is China ready to blaze a new path of innovation for the rest of the world to follow?

Date: February 27, 2018
Time: 05:00 P.M. (Registration: 4:30 PM)

Venue:
WWF Auditorium,
172-B, Lodhi Estate,
New Delhi- 110003 (India)

Location:

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